Price trend
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According to the business agency data monitoring shows that this week, plasticizer DOP market weakened, price shocks fell. As of August 31, the DOP price was 6966.67 yuan / ton, down 0.48% from the previous weekend (August 23) of 7000.00 yuan / ton, and 5.43% lower than that of last year.
Upstream market of industrial chain
As can be seen from the phthalic anhydride trend chart, this week, DOP raw material phthalic anhydride market hit the bottom and rebounded, phthalic anhydride price rose slightly, with an increase of 0.99%, DOP cost rose and DOP rising momentum increased.
As can be seen from the octanol price trend chart, the octanol market fell in August, and the octanol market continued its downward trend this week. The octanol price fluctuated and fell by 1.18%. The cost of DOP decreased and the pressure of DOP decline increased.
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Downstream market of industrial chain
It can be seen from the PVC price trend chart that in August, the PVC price rose slightly, and the PVC market recovered; this week, the PVC price fluctuated slightly, the PVC market weakened, the plasticizer DOP rising power weakened, and the downward pressure increased.
Market review and future expectation
According to Bai Jiaxin, DOP data analyst of business agency, this week, DOP raw material prices have been adjusted, phthalic anhydride prices have hit the bottom and risen slightly, octanol prices have dropped slightly, and the overall DOP cost has remained stable; on the downstream side, the PVC market has fallen slightly, the PVC price has fallen slightly, the upward momentum of DOP has weakened, and the downward pressure has increased. Generally speaking, DOP market has great downward pressure and weak upward momentum. Looking at the future market, “Jinjiu” is coming. PVC market has a strong upward momentum, which is good for DOP market. In terms of raw materials, DOP cost is stable, and DOP negative pressure is small. It is expected that the future market of DOP will recover.
http://www.lubonchem.com/ |